The stock of Burlington Stores Inc (NYSE: BURL) has increased by 1.97 when compared to last closing price of 233.82.Despite this, the company has seen a gain of 3.04% in its stock price over the last five trading days. zacks.com reported 2024-06-20 that Whether you’re a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Is It Worth Investing in Burlington Stores Inc (NYSE: BURL) Right Now?
The price-to-earnings ratio for Burlington Stores Inc (NYSE: BURL) is 39.89x, which is above its average ratio. Moreover, the 36-month beta value for BURL is 1.60. Analysts have varying opinions on the stock, with 11 analysts rating it as a “buy,” 6 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for BURL is 63.51M and currently, short sellers hold a 3.92% of that float. On June 20, 2024, BURL’s average trading volume was 1.09M shares.
BURL’s Market Performance
BURL’s stock has seen a 3.04% increase for the week, with a 25.02% rise in the past month and a 4.46% gain in the past quarter. The volatility ratio for the week is 1.98%, and the volatility levels for the past 30 days are at 2.86% for Burlington Stores Inc. The simple moving average for the past 20 days is 7.95% for BURL’s stock, with a 32.26% simple moving average for the past 200 days.
Analysts’ Opinion of BURL
Many brokerage firms have already submitted their reports for BURL stocks, with Telsey Advisory Group repeating the rating for BURL by listing it as a “Outperform.” The predicted price for BURL in the upcoming period, according to Telsey Advisory Group is $270 based on the research report published on May 31, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see BURL reach a price target of $212, previously predicting the price at $126. The rating they have provided for BURL stocks is “Neutral” according to the report published on May 02nd, 2024.
Telsey Advisory Group gave a rating of “Outperform” to BURL, setting the target price at $250 in the report published on March 08th of the current year.
BURL Trading at 18.95% from the 50-Day Moving Average
After a stumble in the market that brought BURL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.14% of loss for the given period.
Volatility was left at 2.86%, however, over the last 30 days, the volatility rate increased by 1.98%, as shares surge +25.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.67% upper at present.
During the last 5 trading sessions, BURL rose by +3.15%, which changed the moving average for the period of 200-days by +46.90% in comparison to the 20-day moving average, which settled at $223.30. In addition, Burlington Stores Inc saw 22.59% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BURL starting from Marquette Travis, who sale 2,146 shares at the price of $233.00 back on Jun 05 ’24. After this action, Marquette Travis now owns 17,119 shares of Burlington Stores Inc, valued at $500,018 using the latest closing price.
Pasch Matthew, the Chief Human Resources Officer of Burlington Stores Inc, sale 883 shares at $235.32 during a trade that took place back on Jun 05 ’24, which means that Pasch Matthew is holding 7,237 shares at $207,788 based on the most recent closing price.
Stock Fundamentals for BURL
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.41 for the gross margin
The net margin for Burlington Stores Inc stands at 0.04. The total capital return value is set at 0.11. Equity return is now at value 42.06, with 5.24 for asset returns.
Based on Burlington Stores Inc (BURL), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.56. The debt to equity ratio resting at 1.72. The interest coverage ratio of the stock is 7.52.
Currently, EBITDA for the company is 861.04 million with net debt to EBITDA at 4.35. When we switch over and look at the enterprise to sales, we see a ratio of 1.94. The receivables turnover for the company is 98.87for trailing twelve months and the total asset turnover is 1.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.
Conclusion
To wrap up, the performance of Burlington Stores Inc (BURL) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
